Mosaic (NYSE:MOS) Sets New 1-Year Low – What’s Next?

The Mosaic Company (NYSE:MOS) shares reached a new 52-week low on Tuesday . The stock traded as low as $20.76 and last traded at $20.9150, with a volume of 3781906 shares. The stock had previously closed at $21.38.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on MOS shares. Wall Street Zen cut shares of Mosaic from a “hold” rating to a “sell” rating in a research report on Saturday, March 7th. BNP Paribas Exane decreased their price objective on shares of Mosaic from $33.00 to $30.00 and set an “outperform” rating for the company in a research report on Wednesday, May 27th. Wolfe Research decreased their price objective on shares of Mosaic from $37.00 to $36.00 and set an “outperform” rating for the company in a research report on Thursday, February 26th. JPMorgan Chase & Co. decreased their price objective on shares of Mosaic from $24.00 to $19.00 and set an “underweight” rating for the company in a research report on Tuesday, May 12th. Finally, Barclays decreased their price objective on shares of Mosaic from $31.00 to $26.00 and set an “equal weight” rating for the company in a research report on Monday, May 18th. Six equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Mosaic currently has a consensus rating of “Hold” and an average target price of $27.47.

Mosaic Price Performance

The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 0.45. The firm has a market capitalization of $6.72 billion, a price-to-earnings ratio of 162.82, a PEG ratio of 2.63 and a beta of 0.79. The business’s fifty day simple moving average is $23.70 and its 200 day simple moving average is $25.45.

Mosaic (NYSE:MOS) last posted its quarterly earnings results on Monday, May 11th. The basic materials company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.15). The company had revenue of $3 billion during the quarter, compared to analyst estimates of $2.93 billion. Mosaic had a return on equity of 4.66% and a net margin of 0.36%.The company’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.49 earnings per share. On average, research analysts forecast that The Mosaic Company will post 0.83 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Cary Street Partners Financial LLC lifted its stake in shares of Mosaic by 2.0% in the fourth quarter. Cary Street Partners Financial LLC now owns 19,604 shares of the basic materials company’s stock valued at $472,000 after buying an additional 380 shares in the last quarter. NewEdge Advisors LLC lifted its stake in shares of Mosaic by 27.8% in the first quarter. NewEdge Advisors LLC now owns 1,749 shares of the basic materials company’s stock valued at $47,000 after buying an additional 380 shares in the last quarter. Foster Dykema Cabot & Partners LLC lifted its stake in shares of Mosaic by 54.3% in the third quarter. Foster Dykema Cabot & Partners LLC now owns 1,157 shares of the basic materials company’s stock valued at $40,000 after buying an additional 407 shares in the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of Mosaic by 57.6% in the third quarter. Smartleaf Asset Management LLC now owns 1,135 shares of the basic materials company’s stock valued at $39,000 after buying an additional 415 shares in the last quarter. Finally, Pinnacle Associates Ltd. lifted its stake in shares of Mosaic by 0.9% in the third quarter. Pinnacle Associates Ltd. now owns 47,593 shares of the basic materials company’s stock valued at $1,651,000 after buying an additional 432 shares in the last quarter. 77.54% of the stock is owned by institutional investors.

Mosaic Company Profile

Mosaic Co is one of the world’s leading producers and marketers of concentrated phosphate and potash crop nutrients. The company’s primary business activities center on the extraction, processing and distribution of phosphate rock, phosphate-based fertilizers and potash products. These core nutrients are essential components in modern agriculture, supporting crop yields and soil health across a range of farming applications.

In its phosphate segment, Mosaic operates mining and production facilities that convert phosphate rock into concentrated phosphates, finished phosphate fertilizers and feed phosphates for animal nutrition.